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Traeger, Inc. COOK R2K

Consumer Cyclical · Furnishings, Fixtures & Appliances · United States
https://www.traeger.com

Traeger, Inc., together with its subsidiaries, designs, sources, sells, and supports wood pellet fueled barbecue grills and flatrock flat top grills for retailers, distributors, and direct to consumers in the United States and internationally. The company's wood pellet grills are internet of things devices that allow owners to program, monitor, and control their grill through its Traeger app. It also produces a library of digital content, including instructional recipes and videos that demonstrate tips, tricks, and cooking techniques that empower Traeger owners to progress their cooking skills; and short- and long-form branded content highlighting stories, community members, and lifestyle content from the Traegerhood. In addition, the company provides wood pellets that are used to fire the grills; rubs, spices, and sauces; accessories, such as pop-and-lock accessory rail covers, drip trays, bucket liners, storage bins, and shelves; tools to aid in meal prep, cooking, and cleanup, including pellet storage systems, cleaning solutions, barbecue tools, and MEATER smart thermometer; replacement parts; and apparel and merchandise, including t-shirts, hooded sweatshirts, and baseball hats. Traeger, Inc. was founded in 1987 and is headquartered in Salt Lake City, Utah.

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$69.56
+0.81% 1Y

Market & Price

Market Cap
$193.50M
Current Price
$69.56
High / Low (52W)
$101.50 / $24.42
Beta
1.78

Valuation

Stock P/E
-
Industry PE
22.37
Forward P/E
105.17
PEG Ratio
-
Book Value
$63.67
Price to Book
1.09
P/S
0.38
EV/EBITDA
10.88
Dividend Yield
-

Profitability & Returns

ROCE
-14.76%
ROE
-49.07%
ROA
0.06%
Profit Margin
-21.84%
Op Margin
2.28%
EPS (Latest Qtr)
$1.08
EPS (TTM)
$-42.12

Balance Sheet & Liquidity

Debt/Equity
2.43
Quick Ratio
1.56
Current Ratio
3.40
Debt
$424.93M
Total Assets
$675.98M
Current Assets
$214.85M
Working Capital
$134.76M

Ownership

Promoter Holding
19.28%
Chg in Prom Hold
-
FII / Inst Holding
68.85%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$584.75M
Total Revenue (TTM)
$510.30M
EBITDA
$53.74M
Free Cash Flow
$67.19M
Operating Cash Flow
$59.25M
Shares Outstanding
2.78M
Gross Margin
40.37%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
-5.16%
Profit 5Y
23.29%
Revenue (YoY)
-34.40%
Earnings (YoY)
-

PROS

  • Profit CAGR of 23.3% over 5 years.
  • Generates positive free cash flow.

CONS

  • Revenue declined at -5.2% CAGR over 5 years.
  • Trading 31.5% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).
  • RSI at 80 suggests overbought conditions.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Consumer Cyclical).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 COOK Traeger, Inc. R2K 69.56 - $193.50M - -14.76% -49.07% -5.16% 23.29%
2 AMZN Amazon.com, Inc. NDXSPXAI 270.64 31.65 $2.91T - 16.60% 24.29% 11.73% 984.47%
3 TSLA Tesla, Inc. NDXSPXAI 435.79 399.81 $1.64T - 5.29% 4.90% 5.19% -32.94%
4 HD The Home Depot, Inc. SPX 317.14 22.52 $316.23B 2.94% 28.92% 128.38% 1.52% -6.11%
5 MCD McDonald's Corporation SPX 279.20 23.04 $198.37B 2.66% 22.63% - 5.06% 11.50%
6 TJX The TJX Companies, Inc. SPX 154.75 30.11 $171.12B 1.24% 32.91% 61.25% 6.53% 16.24%
7 BKNG Booking Holdings Inc. NDXSPX 167.43 22.09 $129.74B 0.96% 67.24% - 16.35% 20.90%
8 LOW Lowe's Companies, Inc. SPX 214.36 18.12 $120.26B 2.24% 29.62% - -3.85% 1.11%
9 PDD PDD Holdings Inc. NDX 84.44 8.87 $120.19B - 28.69% 25.40% 49.00% 45.85%
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Quarterly Results

Figures in USD.

Metric Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 153.19M145.07M235.57M213.02M162.02M-223.71M200.27M93.79M-153.16M171.51M117.73M144.91M168.47M--143.28M145.48M125.40M145.36M94.07M
Cost of Revenue -----------------83.82M88.48M76.85M91.02M51.05M
Gross Profit 66.69M65.78M99.92M83.06M53.07M64.71M82.64M73.44M25.08M-55.42M63.33M44.67M62.56M72.33M--59.46M57.00M48.55M54.34M43.02M
Operating Expenses -----------------56.05M59.63M50.98M53.86M40.86M
Operating Income 28.27M13.68M47.22M2.69M-83.06M-27.99M-3.52M-120.67M-200.49M--3.26M-27.61M-12.88M-73.00K4.79M--3.41M-2.63M-2.43M484.00K2.16M
EBITDA -----------------19.76M13.63M-69.01M1.79M23.44M
Interest Expense -----------------7.89M8.09M7.82M7.55M7.61M
Pretax Income ------------------2.38M-7.78M-90.13M-19.04M2.65M
Tax Provision ------------------1.60M-391.00K-307.00K-1.84M-276.00K
Net Income 18.85M8.12M38.22M-5.15M-90.44M-34.40M-8.96M-133.13M-211.14M--10.93M-30.17M-19.26M-4.68M-2.58M---778.00K-7.38M-89.82M-17.20M2.93M
Diluted EPS 0.170.070.35-0.05-0.79-0.29-0.08-1.13-1.76-0.08-0.09-0.25-0.16-0.04-0.02--2.50-0.30-3.00-33.50-1.08

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 363.32M545.77M-655.90M605.88M604.07M559.52M
Cost of Revenue ---427.13M382.32M348.60M340.17M
Gross Profit 155.78M234.81M-228.77M223.56M255.47M219.35M
Operating Expenses ---333.07M274.08M258.41M220.51M
Operating Income 10.46M58.35M--104.29M-50.52M-2.94M-1.16M
EBITDA ----296.52M6.64M53.86M-33.84M
Interest Expense ---27.89M31.27M33.50M31.35M
Pretax Income ----380.95M-82.42M-35.96M-119.32M
Tax Provision ---1.19M1.99M-1.96M-4.14M
Net Income -29.59M31.05M--382.14M-84.40M-34.01M-115.18M
Diluted EPS -0.270.29--159.50-34.00-13.50-43.50
R&D Expense -6.80M18.80M10.80M11.50M15.20M12.40M

Compounded Sales Growth

5 Years:-5.16%
1 Year:-34.40%

Compounded Profit Growth

5 Years:23.29%
1 Year:-

Stock Price Performance

1 Year:+0.81%
6 Months:+79.28%
3 Months:+61.77%
1 Month:+73.64%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets 989.03M1.09B1.12B1.15B-1.26B1.11B920.82M946.72M860.76M830.68M675.98M
Current Assets --------274.24M216.38M243.12M214.85M
Cash & Equivalents 11.56M-------39.05M29.92M14.98M19.62M
Inventory --------153.47M96.17M107.37M98.83M
Receivables --------42.05M59.94M85.33M82.12M
Total Liabilities 514.54M579.75M607.60M525.56M-645.39M602.05M562.84M611.85M569.41M554.25M505.13M
Current Liabilities 80.07M-------112.91M133.97M122.24M80.08M
Long Term Debt 433.61M-------468.11M397.30M398.44M399.59M
Total Debt --------494.25M458.70M434.13M425.53M
Total Equity 474.49M513.67M510.06M621.38M-619.13M503.65M357.98M334.87M291.35M276.43M170.85M
Shares Outstanding --------2.45M2.52M2.61M2.74M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 18.49M46.60M-5.09M64.04M23.89M20.52M
Investing Cash Flow -9.00M-27.34M--18.90M-17.38M-12.33M-7.33M
Financing Cash Flow -9.26M-14.78M-48.62M-68.30M-26.50M-8.54M
Capital Expenditure -7.50M-14.13M--18.90M-20.41M-12.44M-7.44M
Free Cash Flow 10.98M32.47M--13.81M43.64M11.44M13.08M
Net Change in Cash ---34.81M-21.63M-14.94M4.64M

Ratios (Annual)

Figures in %.

Metric Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % 42.9%43.0%-34.9%36.9%42.3%39.2%
Operating Margin % 2.9%10.7%--15.9%-8.3%-0.5%-0.2%
Net Margin % -8.1%5.7%--58.3%-13.9%-5.6%-20.6%
ROE % -6.5%--114.1%-29.0%-12.3%-67.4%
ROCE % -6.4%--12.5%-7.0%-0.4%-0.2%

Shareholding Pattern

Insiders
19.28%
Institutions
68.85%
Public Float
85.30%

Top Institutional Holders

#Holder% HeldSharesValue
1 Ontario Teachers Pension Plan Board 17.75% 493.86K $34.35M
2 Nantahala Capital Management, LLC 3.68% 102.41K $7.12M
3 Blackrock Inc. 1.85% 51.53K $3.58M
4 Vanguard Capital Management LLC 1.77% 49.22K $3.42M
5 Artisan Partners Limited Partnership 1.44% 40.00K $2.78M
6 Glendon Capital Management, LP 1.36% 37.96K $2.64M
7 Geode Capital Management, LLC 0.81% 22.51K $1.57M
8 Morgan Stanley 0.71% 19.87K $1.38M
9 State Street Corporation 0.57% 15.77K $1.10M
10 Vanguard Portfolio Management LLC 0.32% 8.79K $611.15K

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